The taxes levied by this chapter shall not apply to any corporation that is wholly or partially exempt from the franchise tax imposed by former Chapter 14 of this title because it is a party to a contract with the Department of Economic and Community Affairs under the authority of Section 41-23-30.
Structure Code of Alabama
Title 40 - Revenue and Taxation.
Chapter 14A - Alabama Business Privilege and Corporation Shares Tax of 1999.
Section 40-14A-41 - Applicability to Certain Entities Organized Before January 1, 1999.
Section 40-14A-42 - Applicability to Certain Corporations Under Contract With Department of Economic and Community Affairs.
Section 40-14A-43 - Applicability to Organizations Under 26 u.s.c.a. &Sect;501(a).